BioRem (CVE:BRM) Reaches New 52-Week High – Time to Buy?

BioRem Inc. (CVE:BRM – Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as C$3.95 and last traded at C$3.82, with a volume of 79656 shares trading hands. The stock had previously closed at C$3.60.

BioRem Stock Up 6.1%

The firm has a market cap of C$62.02 million, a P/E ratio of 11.37 and a beta of 0.81. The company has a debt-to-equity ratio of 14.17, a quick ratio of 1.08 and a current ratio of 2.04. The firm’s fifty day moving average is C$3.27 and its 200 day moving average is C$2.98.

BioRem Company Profile

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BioRem Inc, a clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). It offers biofilters for the removal of odors, H2S, VOCs, and HAPs; and biotrickling filters for applications of high levels of H2S or other water-soluble VOCs. The company also provides multi-stage systems to remove odors from various municipal/urban wastewater treatment processes; biogas desulfurization systems; dry scrubber adsorption systems; and cannabis odor control systems.

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